Ron Black's 'Getting Clear With Short-Term Swings'
Posted: Thu Sep 09, 2010 12:24 pm
The Ron Black's “Getting Clear With Short-Term Swings” described in Sep 2010 issue of Stock & Commodities (Pg. 18-21).
The main idea of the method is analysis of the past price distribution over the price range. If newer distribution doesn’t not overlap, it can signal that the market changes.
The indicator shows up and down swings of the market. The switch from up swing to down swing appears when the high price breaks trough the current highest low price reached during up swing. And vise versa, the switch from down swing to up swing appears when the low price breaks trough the lowest high price reached during down swing.
For more details, please, read the whole Ron Black’s article.
Downloads:
Indicator:
Oscillator:
Signal:
Please note that the indicator is must be downloaded and installed if oscillator or signal is used.
Update, Aug 09, 2011 (by sunshine): The 'rb_clear.lua' indicator has been updated. Reason: the signal based on this indicator generated duplicate alerts.
The main idea of the method is analysis of the past price distribution over the price range. If newer distribution doesn’t not overlap, it can signal that the market changes.
The indicator shows up and down swings of the market. The switch from up swing to down swing appears when the high price breaks trough the current highest low price reached during up swing. And vise versa, the switch from down swing to up swing appears when the low price breaks trough the lowest high price reached during down swing.
For more details, please, read the whole Ron Black’s article.
Downloads:
Indicator:
Oscillator:
Signal:
Please note that the indicator is must be downloaded and installed if oscillator or signal is used.
Update, Aug 09, 2011 (by sunshine): The 'rb_clear.lua' indicator has been updated. Reason: the signal based on this indicator generated duplicate alerts.